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Qijing Auto represents a premium, intelligent new energy vehicle brand that emerged from a collaborative venture between GAC Group and Huawei Qiankun. Recently, the brand successfully concluded a capital increase exceeding 1 billion yuan, drawing support from a diverse array of investors, including CATL, Bosch's investment arm, and capital from state-owned enterprises. Earlier this year, in January, the capital increase initiative for Huawei Auto was officially launched. Subsequently, on March 24, the former entity known as Huawei Auto Technology (Guangzhou) Co., Ltd. underwent a rebranding and is now recognized as Qijing Intelligent Auto Technology (Guangzhou) Co., Ltd. Furthermore, on May 11, the Kai Tou Gong Rong Fund, managed by Sui Kai Investment—a subsidiary of Guangzhou Development Zone Investment Group—executed a strategic investment in Qijing Auto.
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